Profit Sharing Question

Discussion in 'Trading' started by jr07, Jun 16, 2009.

  1. jr07



    If a trader wants to trade other brokerage acounts from a few relatives or friends, how does he take a cut from the profits like the hedge funds do?

    Is there a way to formally apply hedge fund rules (watermark, etc) to personally managed accounts, or is it down to the trust between the parties?